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Tinley Beverage Company Inc C.TNY

Alternate Symbol(s):  TNYBF

The Tinley Beverage Company Inc., together with its subsidiaries, manufactures a line of non-alcoholic, cannabis-infused beverages for use in California, United States and in Ontario, Canada. The Company also manufactures cannabis-infused beverages for contract manufacturing clients. It offers terpene and cannabis-infused non-alcoholic Tinley's '27 and Tinley's Tonics products, for distribution to licensed dispensaries and home delivery channels in California. The Beckett's Classics and Beckett's '27 lines of non-alcoholic, terpene-infused non-cannabis versions of these formulations are available in select mainstream food, beverage, and specialty retailers in the United States as well as in select grocery and specialty stores in Canada. Its subsidiaries include Hemplify Inc., Algonquin Springs Beverage Management LLC, Beckett’s Tonics California Inc., Beckett's Tonics Canada Inc., Tinley's Canada Inc., and Lakewood Libations Inc.


CSE:TNY - Post by User

Comment by Digby8on Mar 22, 2021 8:24am
179 Views
Post# 32848858

RE:NEWS! Co-Packers products have shipped + another co-packer

RE:NEWS! Co-Packers products have shipped + another co-packer"Tinley has an incredibly strong value proposition for an existing brand like Good Stuff Beverages. Their rock star team and their industry-leading, purpose-built equipment will provide us the scalability we need since we began experiencing our 'hockey stick' growth trajectory this year," said Daniel Grim, co-founder of Good Stuff Beverage Co. "I strongly believe that a disproportionate number of the long-term winners in the California cannabis beverage sector will come from their facility."

First Series of Third-Party Products Ship

Tinley is also delighted to announce that the first production runs for two third-party SKU's have now been completed. These products were shipped to the client brand's distributor for testing and ultimate release to the brand's customers. The client presently reports listings in nearly 400 dispensaries.

"Completing our first client production runs mark the biggest milestone for the Company since inception. This achievement represents the culmination of our comprehensive, multi-year buildout, and has created a significant asset for shareholders," said Douglas Fulton, director of the Company. "We have five more SKU's to produce in the near term for our inaugural third-party brands. Production planning is also underway for a second tranche of clients, along with the associated manufacturing agreements."
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